Assenagon Asset Management S.A. Has $2.28 Million Stock Holdings in Vishay Intertechnology, Inc. (NYSE:VSH)

Assenagon Asset Management S.A. raised its position in shares of Vishay Intertechnology, Inc. (NYSE:VSH - Free Report) by 35.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 120,649 shares of the semiconductor company's stock after purchasing an additional 31,863 shares during the period. Assenagon Asset Management S.A. owned approximately 0.09% of Vishay Intertechnology worth $2,281,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VSH. National Bank of Canada FI boosted its position in Vishay Intertechnology by 3.4% in the second quarter. National Bank of Canada FI now owns 19,835 shares of the semiconductor company's stock valued at $432,000 after buying an additional 650 shares in the last quarter. State of Michigan Retirement System lifted its stake in shares of Vishay Intertechnology by 2.3% in the 1st quarter. State of Michigan Retirement System now owns 30,988 shares of the semiconductor company's stock valued at $703,000 after acquiring an additional 700 shares during the last quarter. Headlands Technologies LLC boosted its holdings in shares of Vishay Intertechnology by 95.7% during the 1st quarter. Headlands Technologies LLC now owns 1,583 shares of the semiconductor company's stock valued at $36,000 after acquiring an additional 774 shares in the last quarter. Bell Investment Advisors Inc grew its position in Vishay Intertechnology by 122.5% during the 1st quarter. Bell Investment Advisors Inc now owns 1,424 shares of the semiconductor company's stock worth $32,000 after acquiring an additional 784 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV increased its holdings in Vishay Intertechnology by 173.9% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,367 shares of the semiconductor company's stock worth $30,000 after purchasing an additional 868 shares in the last quarter. 93.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, TD Cowen reduced their price target on Vishay Intertechnology from $24.00 to $22.00 and set a "hold" rating on the stock in a report on Thursday, August 8th.

Vishay Intertechnology Trading Down 0.1 %

Shares of NYSE VSH traded down $0.01 during trading on Friday, reaching $16.95. The company had a trading volume of 1,675,139 shares, compared to its average volume of 1,214,026. Vishay Intertechnology, Inc. has a 12 month low of $16.88 and a 12 month high of $24.72. The company has a quick ratio of 1.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.38. The stock has a market cap of $2.32 billion, a P/E ratio of 13.78 and a beta of 1.09. The company's fifty day moving average price is $18.46 and its 200-day moving average price is $21.09.

Vishay Intertechnology (NYSE:VSH - Get Free Report) last released its earnings results on Wednesday, August 7th. The semiconductor company reported $0.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.01. The business had revenue of $741.20 million during the quarter, compared to the consensus estimate of $754.71 million. Vishay Intertechnology had a net margin of 5.48% and a return on equity of 8.72%. The company's revenue for the quarter was down 16.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.68 EPS. As a group, research analysts expect that Vishay Intertechnology, Inc. will post 0.72 earnings per share for the current year.

Vishay Intertechnology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Tuesday, September 10th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $0.40 dividend on an annualized basis and a yield of 2.36%. Vishay Intertechnology's dividend payout ratio (DPR) is currently 32.52%.

About Vishay Intertechnology

Vishay Intertechnology, Inc manufactures and sells discrete semiconductors and passive electronic components in Asia, Europe, and the Americas. The company operates through Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), Diodes, Optoelectronic Components, Resistors, Inductors, and Capacitors segments.